Meagel Charitable Trust is a private foundation based in Parkersburg, West Virginia. Established in 2000, the trust operates as a non-operating foundation with United Bank Inc. serving as its principal officer. The foundation is one of several grantmaking organizations in the Parkersburg area and maintains a focused approach to charitable giving within its defined priority areas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$18.2M
-0.3% YoY
Annual Giving
$877K
-3.9% YoY
Grant Count
16
+0.0% YoY
Avg Grant Size
$55K
-3.9% YoY
Mission & Focus Areas
The trust primarily funds:
- Educational scholarships
- Care for the homeless and those in need
- Sight preservation
- Research in West Virginia
- Research and education
- Religious organizations
- Rehabilitation services
- Public parks and recreation
Grantmaking
The foundation typically selects grantees from preselected charitable organizations only.
Grant Range
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How to Apply
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Geographic Focus
Where this funder awards grants
Grantmaking is concentrated in West Virginia. The foundation has distributed grants to organizations in West Virginia, Florida, and Oklahoma.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2023:
- Total Assets: $18,236,474
- Total Revenues: $657,054
- Total Expenses: $1,089,603
- Annual Income: $2.6 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $18,177,001 | $18,236,474 | $18,674,518 |
| Revenue | $1,004,256 | $657,054 | $361,059 |
| Expenses | $1,070,145 | $1,089,603 | $1,581,149 |
| Qualifying Distributions | $877,388 | $912,700 | $1,349,640 |
| Net Investment Income | $1,004,256 | $657,054 | $570,477 |
| Distributable Amount | $1,258,869 | $1,138,818 | $1,202,132 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
United Bank Inc. serves as the principal officer of the trust.
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Recent News & Activity
Recent developments and announcements
The foundation made 16 grants in its most recent tax year (2023), continuing its pattern of supporting educational, social service, and community development initiatives across West Virginia.
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
The Daywood Foundationinc
CHARLESTON, WV
Assets
$18.4M
Grants
54
Total Given
$847K
Ralph & Virginia Homan Memorial Trust
WHEELING, WV
Assets
$180K
Grants
1
Total Given
$10K
Tom C Smith Charitable Trust
HUNTINGTON, WV
Assets
$317K
Grants
1
Total Given
$40K
The Wade H and Doris Mildred Prather
PARKERSBURG, WV
Assets
$1.8M
Grants
6
Total Given
$106K
The James H and Alice Teubert
HUNTINGTON, WV
Assets
$29.1M
Grants
11
Total Given
$1.1M
Maude Mccracken Fbo First Christian Christian
WHEELING, WV
Assets
$210K
Grants
1
Total Given
$9K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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